Wednesday, October 16, 2024
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Tokyo Metro prices Initial Public Offering at 1,200 yen an merchandise, assets declare


TOKYO (Reuters) – Tokyo Metro has really valued its going public at 1,200 yen a share, on prime finish of 1,100 to 1,200 yen selection, in accordance with 2 assets educated concerning the concern.

That would definitely elevate 348.6 billion yen ($ 2.33 billion), making it the most important Initial Public Offering in Japan for six years. The assets decreased to be known as as the small print just isn’t public.

The metro driver is readied to introduce the costs later Tuesday and guidelines on the Tokyo Stock Exchange onOct 23.

Tokyo Metro decreased to remark.

($ 1 = 149.7900 yen)

(Reporting by Mariko Katsumura; Editing by Muralikumar Anantharaman)



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